India, March 31 -- Prime Minister Narendra Modi on Tuesday hailed the pace of Indian semiconductor ecosystem's growth as he inaugurated Kaynes Technology's semiconductor manufacturing facility in Gujarat's Sanand.

He noted he was in Sanand on the last day of February for the start of Micron Technology's production and returned on the last day of March for Kaynes facility. "This is not a coincidence. This is proof of the pace at which India's semiconductor ecosystem is growing," he said.

Modi inaugurated Micron's assembly, test, and packaging facility on February 28, making it the first American semiconductor company to manufacture in India. Kaynes Technology is an Indian electronics manufacturing company. Its Sanand facility will focus ...